U.S. oil output rises 3% in March to highest since November

(Reuters) U.S. crude oil manufacturing rose in March by greater than 3% to the very best since November, in accordance with a month-to-month report from the U.S. Energy Information Administration.
Oil production rose to nearly 11.7 million barrels per day in March from 11.3 million bpd the month prior, the report showed.
Output is slowly recovering from the impression of the COVID-19 pandemic and continues to be far beneath its document excessive of 12.three million bpd in 2019.
Production in New Mexico rose to almost 1.5 million bpd, the highest on document. Output in Texas gained to almost 5 million bpd, the highest since December.
Monthly gross natural fuel manufacturing in the U.S. Lower forty eight states rose 1.7 billion cubic ft per day (bcfd) to 106.four bcfd in March, its highest since December 2021, the EIA mentioned.
In pressure gauge trerice ราคา producing states, monthly output rose 2.7% in Texas to 30.3 bcfd and fell 1.3% in Pennsylvania to 20.5 bcfd.
Demand for U.S. crude and petroleum merchandise rose in March to twenty.5 million bpd, its highest since December, the EIA stated.
Demand for motor gasoline rose to eight.9 million bpd, the highest since December, the EIA mentioned
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